Skinny Trade Deal Optimism, J&J’s $8B Surprise & The NBA's China Troubles

Squawk on the Street - A podcast by CNBC

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Carl Quintanilla, Melissa Lee & Mike Santoli discuss the stock rally on reports that China is open to a partial U.S. trade deal. Plus Johnson & Johnson’s $8B jury verdict. And the NBA’s expanding China backlash, as Chinese sponsors pull support for the league.

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